Press Releases

Karat Packaging Inc.a specialty distributor and manufacturer of disposable foodservice products and related items, today announced that its board of directors has approved payment of a regular quarterly cash dividend of $0.35 per share. The board also declared a special cash dividend of $0.15 per share on the Company’s common stock. Both dividends are payable on or about August 30, 2024, to shareholders of record at the close of business on August 21, 2024. “These

I am the Chairman of Pact Group, a plastic packaging, reuse and recycling company I founded 22 years ago. I’m also chair of Kin Group, which is a privately owned family office, with interests in food and beverage manufacturing. With me is Andrew Smith who is the Executive Adviser, for the Circular Economy at Pact, and Siobhan McCrory, the Executive General Manager, Sales, Marketing & Innovation at Pact. In my time in this industry, I think the last five years have been amo

Sealed Air Corporation announced second quarter 2024 financial results and business updates. “Our second quarter results were ahead of our expectations, reflecting strong sequential demand within our Food business, accelerated benefits from our CTO2Grow program that more than offset the continued pressure within our Protective business,” said Patrick Kivits, Sealed Air’s CEO. "I have joined Sealed Air at a pivotal time in its journey. I plan on accelerating

Learning more about materials, processes, and production techniques allows us to achieve better results and be more sustainable“, explains Miguel Avellaneda from Giesecke + Devrient Mobile ePayments Iberia S. A. why he and his colleagues are joining the Fogra Web Academy for several years now. For this reason, the Fogra Web Academy was established in 2020. Over the last four years, about 570 persons participated in the online training. More than 300 Fogra Web Academy participants have a

Steve Wardle, Senior Manager of Brand Design Operations at Kellanova and a featured speaker at London Packaging Week, discusses how connected packaging is revolutionising consumer engagement and accessibility. As technology reshapes our lives, the packaging industry is at a crossroads of innovation and social responsibility. Connected packaging is redefining how we engage with everyday products, evolving into a dynamic, interactive experience. Incorporating technologies such as QR c

Sparck Technologies, a global technology company specializing in fit-to-size automated packaging solutions, today welcomes David Gray as Senior Vice President of Sales, effective immediately. In this role, Gray will lead Sparck’s rapidly expanding North American sales team and oversee all aspects of lead generation and the sales process, with a focus on customer development, interaction, contract negotiation, and closing new business deals. "We are thrilled to welcome Dav

Mesirow is proud to announce that it served as the exclusive financial advisor to The Kennedy Group, LLC on its sale to Inovar Packaging Group Family-owned and operated since 1974, The Kennedy Group is a premier label and packaging platform with two facilities based in Willoughby, Ohio and Levittown, Pennsylvania. The Kennedy Group has a well-known reputation for being a highly innovative, customer-focused and employee-oriented business. With state-of-the-art pressure sensitive, rol

Graphic Packaging International a global leader in sustainable consumer packaging, today announced it has entered into a virtual Power Purchase Agreement in Europe with Zelestra, a client-focused, multi-technology, global renewable energy company.The vPPA supports Zelestra in adding renewable electricity to the European power grid and advances Graphic Packaging’s commitment to reduce its greenhouse gas emissions by receiving renewable energy attribute certificates generated by the

Calder Capital is delighted to announce that Bear Stewart Corporation of Chicago, IL has been acquired by a local entrepreneur, Will Gano. Since 1899, Bear Stewart has been a leading manufacturer of bakery ingredients, offering a wide range of products including jams, jellies, pie fillings, glazes, stabilizers, mixes, and more. The company specializes in clean-label sweet bakery products, catering to grocery store chains, wholesale bakeries, commissary kitchens, and distributors in

Origin Materials a technology company with a mission to enable the world’s transition to sustainable materials, today revealed engineering and design innovations in its manufacturing of tethered PET caps, the first tethered PET caps ever made. “The EU Single-Use Plastic Directive, which came into effect last month, mandates that caps stay connected to bottles throughout the European Union,” said John Bissell, Origin Co-Founder and Co-CEO. “Our PET cap innovat

Nulogy, the leading global provider of contract packing software, has been chosen by Prism eLogistics, to digitalise its contract packing and shrink sleeving operations as the growing business focuses on enhancing agility, operational efficiency and quality. Established in 2020, Prism eLogistics has built a strong reputation in the logistics industry, particularly within the fast-moving consumer goods (FMCG) sector. Its expertise spans a wide range of products including beverages, c

Dantex Group is set to reveal exciting new developments at Labelexpo Americas 2024. Visitors to booth #6129 will have the exclusive opportunity to witness first-hand the revolutionary advancements in the company’s PicoJet Digital Resolution System , which in addition to the latest enhancements in colour gamut capabilities, are set to redefine the digital UV inkjet printing landscape. Featuring 8 grey levels and providing 2400 dpi - marking the first time in the industry that a

Celebrated as the benchmark for excellence in packaging design, the awards highlight the most forward-thinking and sustainable packaging solutions. London Packaging Week 2024 is thrilled to unveil the inaugural finalists for the highly-anticipated Innovation Awards. Among the finalists are various groundbreaking designs from emerging and established brands, each demonstrating remarkable innovation, creativity, and a commitment to sustainability. This year's entries rep

Leading print finishing equipment manufacturer, A B Graphic International (ABG), has announced a significant presence at this year’s Labelexpo Americas 2024, occupying an impressive 4,000 ft² stand, and an additional 640 ft² stand within the FlexPack Factory. As they celebrate their 70th anniversary this year, the exhibition is a pivotal event for ABG providing a prime opportunity to showcase its extensive range of solutions and strengthen connections with its valued customers

Safety Shot, Inc is pleased to announce that the world's first product to reduce blood alcohol content will soon be available in an on-the-go powder format. Vigorous efforts have been made by the R&D team at Safety Shot to successfully create a powdered version of the Company's alcohol-reducing nutraceutical. Expected to launch in early Q4, the powder will feature the Company's clinically backed formula in a convenient stick pack format for on-the-go convenience.